UK: David Ball Group, a UK-based manufacturer and supplier of cement admixture products and ultra-low-carbon, cement-free concrete, has announced that it has received investment from The Wheatsheaf Group.
David Ball Group will use the investment to further develop its PUDLO brand, a technically-advanced concrete waterproofing system and to fund the commercialisation of its new patented product, CEMFREE.
CEMFREE is a cement replacement technology that enables the production of structural concrete without the need for Portland cement, which accounts for 5-7% of global man-made CO2 emissions. David Ball Group and Wheatsheaf believe that CEMFREE will help the construction industry to lower its environmental impact by reducing the amount of carbon in structural concrete worldwide.
"We are delighted with the investment by Wheatsheaf. We were keen to find an experienced and dynamic investor who would not only bring skills to the board but assist with accelerating the growth of the business in the UK and overseas," said David Ball, founder and chairman of the David Ball Group. "Wheatsheaf has a strong focus on investing and supporting sustainable technologies and shares our belief that CEMFREE provides a significant opportunity for reducing carbon emissions within the construction sector. The level of interest generated by CEMFREE demonstrates the determination of the global cement and concrete industry to reduce its environmental impact with innovative business-led solutions."
